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it's not john boehner's job to make this math add up. it's not john boehner's job to find ways of funding a three and a half or four trillion dollar budget. it's insane. if the democrats want to have a three and a half, four trillion dollar federal budget, fine. they can be the party of that. there ought to be a party that represents an alternative and john boehner is saying no, we'll help you close that gap. who needs the republican party? >> you think there will be an internal squabble, a fight, maybe an attempt to cede him in the end? >> i don' i don't know about th. i think there's a big choice for republicans. john boehner is basically slowly, quietly essentially offering himself as the guy who can kind of run the obama-size state more efficiently. in other words, he can provide slightly less insane arithmetic. he's come up with $800 billion of extra revenue. so what? that's half of last year's federal deficit. what's 800 billion in savings over a decade? that's irrelevant. absolutely. whatever time he spent negotiating that was a c
it's not john boehner's job to make this math add up. it's not john boehner's job to find ways of funding a three and a half or four trillion dollar budget. it's insane. if the democrats want to have a three and a half, four trillion dollar federal budget, fine. they can be the party of that. there ought to be a party that represents an alternative and john boehner is saying no, we'll help you close that gap. who needs the republican party? >> you think there will be an internal squabble,...
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Dec 5, 2012
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i think john boehner legitimately wants to get to an agreement. i've talked to the speaker and i believe he wants to get to an agreement because he understands to not have an agreement after this election is over and now is the time for an agreement, the further we go into the next session, the harder it will get. now is the time for an agreement. i think john boehner wants to get there and i want to help him try to do that. >> thank you, steny, we appreciate your time. >> thank you, becky. >>> right after this, adp, stick around. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with schwab mobile, tdd#: 1-800-345-2550 i can focus on trading anyplace, anytime. tdd#: 1-800-345-2550 until i choose to focus on something else. tdd#: 1-800-345-2550 a
i think john boehner legitimately wants to get to an agreement. i've talked to the speaker and i believe he wants to get to an agreement because he understands to not have an agreement after this election is over and now is the time for an agreement, the further we go into the next session, the harder it will get. now is the time for an agreement. i think john boehner wants to get there and i want to help him try to do that. >> thank you, steny, we appreciate your time. >> thank...
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Dec 5, 2012
12/12
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john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but another way to help control health care spending is earmarked a value-added tax toward revenue which would have much was spent, how much people have to pay in taxes, it would eliminate their regressivity of that, and it would, using a pun, inoculate the deficit from uncertainty about health-care reform. health care reform will take a long time. it is more complicated than tax reform. we have had one major tax reform in the last 50 years, thanks to senator packwood and others. health-care reform is going to take a long time. we cannot wait to
john boehner and president obama. david, i see you smiling down there. >> i was waiting for judd to jump in. he is the one that convinced me. >> ultimately, i think they have gotten more than they can handle. the revenue targets they need to reach, the spending targets they need to reach now are enormous, but if you look down the road, in particular at health care spending, given the discussion we had before, we can do everything we want to try to control health-care spending, but...
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Dec 5, 2012
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the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need to be tested. a little focus group on the conference side. these can be symbolically important. they can blow the opportunity to do something broadbased and fundamental. do we end up with something close to balsams and because of that point? >> we would be better off if speaker boehner and the president did not publicly change their offers. hopefully, they are going to have to compromise. the more times you commit yourself in public, the harder it is to make the compromise. >> we will go around the former members of congress. do they cut a deal to avoid the fiscal cliff before we
the president, john boehner, could be getting set to talk again later this week. what advice would you give them on taxes? >> these are very minor issues, in terms of total revenue derived. but they are very significant to members. if you were to tell the bulk of the democratic caucus in the house that we were going to do something draconian to the inheritance tax, that could cost you a lot of votes. this is a carefully crafted a balanced package the house to emerge. all these issues need...
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boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democra
boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the...
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Dec 5, 2012
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and then at 9:00 eastern, president obama and house speaker john boehner. they also spoke about the fiscal cliff today. the president said republicans might be willing to agree to higher tax rates on the wealthy in january. then the house speaker called on the obama administration to respond to the republicans' deficit reduction proposal that was released earlier this week. president obama is at 9:00 eastern and then speaker boehner. at the museum today, florida senator marco rubio sat down with michaelen of "politico." he answered questions about the fiscal cliff. republican outreach to hispanic voters and a potential campaign for president. this is 45 minutes. [applause] >> thank you very much. you had a late night. >> not really. >> is bob still here? what would you like to ask senator rubio? [laughter] >> are you still doing this? >> ask him a real question. this is a great chance. >> last night you talked about a new direction for the republican party. and one of the things that you talked about is education. and how to make higher education cheaper, h
and then at 9:00 eastern, president obama and house speaker john boehner. they also spoke about the fiscal cliff today. the president said republicans might be willing to agree to higher tax rates on the wealthy in january. then the house speaker called on the obama administration to respond to the republicans' deficit reduction proposal that was released earlier this week. president obama is at 9:00 eastern and then speaker boehner. at the museum today, florida senator marco rubio sat down...